The anger poured out of shareholders, one after the other. Said another activist: “Sadly, here at WaMu, we really feel we have a board that has lost its way. It’s no longer a WaMu board; it’s more like a ‘WaMe’ board, short for ‘What’s in it for me?’ The Mutual is gone.”

From The Lost Bank: The Story of Washington Mutual—The Biggest Bank Failure in American History (June 12) by former Puget Sound Business Journal reporter Kirsten Grind